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Hi again attorney Steve on her in here with you today were talking about financial elder abuse now our firm handles financial elder abuse we've been helping elderly victims for the last several years in helping to recover and vindicate their rights against predators who seek to prey on them in a variety of different ways we've seen all sorts of different things that people are willing to do because they know someone is a little weaker getting up there in years a little older and vulnerable okay, so I mean let me tell you a little some facts on financial elder abuse some things to think about financial elder for all the elderly segments of our society is the fastest-growing segment of society people are living longer there are better drugs and prescriptions and medications and medical procedures that help people live a longer happier life, so this is a fast, and it's a growing segment of society in addition this is known as financial elder abuse there are reportedly about two hundred thousand victims a year of financial elder abuse okay the stats are that the seniors and elders and know what were talking about that were talking about people over 65 years of age in California under the welfare and institutions code which is the code section that is one of the main sections that you will go after a financial predator number these sections and well talk about that in a second, but basically they have studies and statistics have shown that there's been over 38 billion dollars in losses to elders as victims of this sort of financial elder abuse and the stats are that one in every five seniors lose loses money or property at the hands of a financial predator, so this is that this is a huge problem it's because with the economy tight and tightening money becoming harder come by for a lot of people they see the elder with the property and the bank accounts maybe some stock holdings maybe some intellectual property holdings and they and they find them at a tough time, or they exert their undue influence on them coercion all sorts of things to try to acquire the property of the elder and its really tragic a lot of these incidences are not reported because its embarrassing we have several cases where the plaintiff the elderly person was trying to manage their own affairs I mean everybody has pride, and we all like to think that we can handle everything that were doing in our lives, but there comes a time when the kids will start digging into it, and they'll go what the heck happened here I can't believe this I mean this is atrocious, so you'll see these kinds of things and so a lot of these things don't get reported until after the fact, but these are the types of things that we see are really predatory, and I've got I've made up a few names attorney Steve always working to keep things interesting here, but you have things like the Ruth ruthless relative okay the person that's trying to get the power of attorney or misusing a power of attorney or forging...
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